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Abra, a remittance service built on top of the Blockchain, has closed $12 million in Series A funding. Investors in the round include Arbor Ventures, RRE Ventures, and First Round Capital. Total funding to date by the company now totals $14 million. Read Full Post

Less than six months after announcing a $40 million Series B investment, alternative lending startup Fundbox has closed on another $50 million in funding to provide small businesses with the immediate cash they need to stay afloat. Read Full Post

Orchard Platform, which provides technology and infrastructure to online lenders, said on Thursday it raised $30 million in a recent round of funding, becoming the latest marketplace lending company to attract investment. Orchard’s existing investors include former Thomson Reuters Corp CEO Tom Glocer and ex-Morgan Stanley CEO John Mack as well as venture firms Spark […] Read Full Post

With its new financing, led by experienced lending investor August Capital with participation from the New York financial services investment firm Nyca Partners, CommonBond will look to expand its headcount and lay the groundwork for its entrance into other markets… Read Full Post

Affirm, the lending company started by Max Levchin that offers customers payment plans for online purchases, has announced that the company’s financing options will now be available to all Shopify stores. Read Full Post